Staking is not available in the US, UK, Singapore, Japan and Canada.
No, ADA is automatically staked, and you don’t need to take any additional steps. In case you don’t want to receive any staking rewards, please go to the Earn page and opt-out of rewards.
You start earning rewards a day after you acquire some ADA on your account. ADA staking rewards are determined by the ADA blockchain, sourced from the ADA staking protocol distributed weekly.
The size of the rewards depends on how much you have staked, how much competition there is in the ADA staking protocol and other factors.
To see the latest staking rewards, please see the Qovex Earn - Crypto Staking page.
Yes, there is no lock-up period with ADA, and you can withdraw and trade your assets at will. Additionally, any rewards received are automatically added to your base staking amount in your main account.
ADA staked assets remain in Qovex’ s custody, are fully liquid and there are no slashing penalties. However, ADA staking is not risk-free, since staked assets could potentially face protocol and other risks, leading to loss of rewards. To find out more about risks connected with Staking, please visit the Staking Risk Disclosure page.